Daily Stock Market Report (Fri 11 April 2025) - CCT, XLM, NIOX
Good morning! We've reached the end of another tumultuous week in the markets.
The FTSE rose 3% yesterday and is set to open up by another 1% this morning, around the 8000 level.
After the dramatic announcement yesterday of a "90 day pause" on Trump's tariffs, excluding China, today is shaping up to be a quieter day for headlines.
Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)BP (LON:BP.) (£54.9bn)TUUpstream production lower q-on-q. Gas/low carbon: realisations broadly flat. Net debt up $4bn.Niox (LON:NIOX) (£280m)Response to Rule 2.8 announcementNo firm offer is made for NIOX. They discontinue their private sale process.AMBER/GREEN (Graham)Some pros and cons here. The potential PE buyers have walked away, and the stock is undoubtedly expensive against short-term earnings. At the same time, the company's growth and improving quality up to this point are intriguing.Helical (LON:HLCL) (£215m)TUForward sale of City office for £333m. Will distribute 50-100% of net profits. Net debt £127m.Optima Health (LON:OPT) (£150m)AcquisitionAcquires Cogante Health for up to €9m.Kistos Holdings (LON:KIST) (£101m)Full Year Results8,050 boepd, in line. Adj. EBITDA $95m. Statutory loss $52m. FY25 production guidance reiterated.